Tag: WTI Crude oil
WTI Crude Oil Eyes $59.30 Recovery as Bulls Test Key Levels – FX Leaders
WTI Crude Oil Eyes $59.30 Recovery as Bulls Test Key Levels FX Leaders
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WTI Crashes 16%—$59 Breakdown Has Traders on Edge
WTI crude (USOIL) has plunged to $59.66, marking its sharpest monthly decline since 2021. April alone saw a 16% drop in WTI and a 15% fall in Brent, a [...]
USOIL Breakout? WTI Crude Oil Eyes $64.80 Resistance – FXLeaders
USOIL Breakout? WTI Crude Oil Eyes $64.80 Resistance FXLeaders
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Oil Prices Rise as Supply Risks Loom – Will WTI Break $73?
Adding to uncertainty, OPEC+ may reconsider its planned production increase in April as oil markets remain volatile. This speculation has supported WT [...]
WTI Crude Oil Slides to $71.86 Amid Tariff Uncertainty and OPEC’s Steady Output
Despite easing North American trade tensions, uncertainty looms as Trump’s 10% tariff on Chinese imports is still scheduled to take effect today. Mark [...]
WTI Crude Oil Nears $74 as Tariff Tensions Stir Supply Concerns
In retaliation, both Canada and Mexico announced plans for reciprocal tariffs on U.S. goods, while China intends to file a lawsuit with the World Trad [...]
Oil Prices Slide on Weak China Data and Warming Weather: WTI Crude Outlook
Adding to concerns, U.S. sanctions on Russian crude shipments are tightening supplies for independent Chinese refiners. Analysts at FGE predict that r [...]
Crude Oil Prices Drop – Is Now the Right Time to Buy?
Arslan Butt•Friday, January 24, 2025•2 min read
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Oil Prices Slide Amid Trump’s Tariff Plans and Energy Policy Uncertainty
Arslan Butt•Thursday, January 23, 2025•2 min read
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WTI Crude Oil Climbs to $76.80 as Traders Weigh Trump’s Tariff Plans
In addition to trade policies, investors are closely monitoring geopolitical developments. Monday’s 1% decline in crude prices followed Trump’s declar [...]
Oil Prices Ease After 6% Rally, Fed Rate Decision Eyed
“Crude oil reached the upper range of recent highs, prompting light profit-taking,” noted Tony Sycamore, IG market analyst. He added that with many i [...]
WTI Retraces to Important Support Level – Bull Trend Intact – FX Leaders
WTI Retraces to Important Support Level – Bull Trend Intact FX Leaders
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WTI Crude Oil Technical Analysis
On the daily chart below for WTI crude
oil, we can see that after the surprise OPEC+ cut and a mini rally to the top
of the range at $83, the market s [...]
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